11 Jun 2009 07:00
Eruma plc / Index: AIM / Ticker: ERU / Sector: Support Services
11th June 2009
Eruma plc ('Eruma' or 'the Company')
Strategic alliance formed to accelerate global expansion in counter terror and environmental protection
Eruma plc, the AIM traded specialist provider of counter terrorism and intruder prevention products and intelligent emergency lighting, has signed a memorandum of understanding ('MOU') with Pentagon Protection plc ('Pentagon Protection'), an AIM traded global specialist in the supply and installation of enhanced glass protection. The MOU will see the formation of a strategic partnership between Eruma and Pentagon, that will aim to jointly develop business globally within the counter terrorism and environmental protection markets which are worth in excess of £30 billion per annum. Eruma and Pentagon will promote each others products, collaborate on joint bids and share sales leads, market intelligence and key contacts.
Eruma CEO Wayne Money said, "We have worked with Pentagon Protection on a number of successful bids both in the UK and overseas, our product sets are complementary and we believe our combined offering is a market leader in counter terrorism protection. The relationship between our two companies is underpinned by shared goals in specific markets worldwide and this MOU will enable us to develop mutual contacts in order to accelerate our international expansion."
Pentagon Protection Chairman Haytham H. ElZayn said, "Our customers worldwide are looking for innovative counter terrorism and environmental management systems. Eruma plc has the product set our clients seek and we have previously been successful together as a joint sales team. This MOU is a logical extension of our relationship and allows us to provide a broader range of products to meet our clients' needs. By being the partner of choice for Eruma plc counter terror solutions we can accelerate sales of our key products and services in mission critical settings and gain further market penetration."
**ENDS**
For further information please visit www.erumaplc.com or contact:
| Wayne Money / David Alexander | Eruma plc | Tel: +44 (0)20 7566 2610 |
| Clive Carver / Edward Frisby | FinnCap | Tel: +44 (0)20 7600 1658 |
| Chris Welsh / Isabel Crossley | St Brides Media & Finance | Tel: +44 (0)20 7236 1177 |
| For further information please visit http://pentagonprotection.com or contact: | ||
| Haytham ElZayn | Pentagon Protection plc | Tel: +44 (0)1494 793 333 |
| Stephen Harrhy | Pentagon Protection plc | Tel: +44 (0)1494 793 333 |
| Jonathan Wright | Seymour Pierce | Tel: +44 (0)20 7107 8000 |
Notes to Editors:
Incorporated in March 2005 and listed on AIM, Eruma plc is the holding company for Security Blinds Ltd and Illuminex Ltd.
Security Blinds Ltd is a leading manufacturer of physical security systems in the UK. Servicing both the public and commercial sectors, the patented Secur™ system provides clients with protection against theft and forced entry. The system also gives businesses and institutions the opportunity to take proactive steps to address the modern threat of terrorism; having met stringent testing requirements to win endorsement by the Home Office, Association of Chief Police Officers, leading banks, and local authorities.
Illuminex Ltd is a supplier and distributor of intelligent emergency lighting systems. Illuminex solid state systems aim to provide superior performance whilst reducing costs to businesses and their impact on the environment.
Admitted to AIM in March 2003 Pentagon Protection plc is a global specialist in the development and application of glass protection window film, Pentagon Protection provide cost-effective and immediate solutions to many problems normally associated with building flat glass including safety, security, solar control and privacy/graphics.
As experts in enhanced security and blast mitigation, Pentagon also lead the way in providing bespoke solutions to solve individual problems, with other product advancements including IR film for maximum heat reduction with maximum light visibility offering increased energy efficiency and a more comfortable working environment.
Pentagon's range of services also include glazing audits and risk assessments ensuring customer compliance with health and safety regulations and business continuity or emergency planning whilst also able to carry out peel tests to ensure the continued effectiveness of existing filmed glazing.